Shares of Pieris Pharmaceuticals Inc. (NASDAQ:PIRS) traded at a new 52-week high today of $6.15. Approximately 29.7 million shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.
Over the past year, Pieris Pharmaceuticals Inc. has traded in a range of $1.70 to $6.15 and is now at $5.79, 241% above that low.
Pieris Pharmaceuticals Inc is a clinical-stage biopharmaceutical company, which engages in the discovery and development of the Anticalin class of biotherapeutics. Anticalin proteins are engineered versions of lipocalins, human proteins that naturally bind, store and transport a wide spectrum of molecules. The company with the help of technology creates differentiated drugs such as PRS-080, PRS-060, PRS-343 and PRS-332 that can help patients suffering from cancer, severe asthma, anemia, and other medical conditions with a high unmet medical need. Geographically, all the operation of the firm functions through the region of the United States.
Pieris Pharmaceuticals Inc. (NASDAQ:PIRS) defies analysts with a current price ($5.79) 23.7% above its average consensus price target of $4.42.
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